PolyOne sells PP&S unit in EUR700m all-cash deal

PolyOne sells PP&S unit in EUR700m all-cash deal
WESPECH PTE LTD
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21.08.2019

MOSCOW (MRC) -- In a major compounding deal, PolyOne is selling its Performance Products & Solutions unit to SK Capital Partners for USD775m (EUR700m) in cash, said the company.PP&S posted sales of almost USD700m (EUR632m) last year, representing about 20% of total sales for Avon Lake, Ohio-based PolyOne. The unit also make polypropylene-based compounds and provides contract manufacturing

Full article at mrcplast.com

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